Cipherloc Corporation (the “Company” or “Cipherloc”) was incorporated in the State of Texas on June 22, 1953 as American Mortgage Company. Effective August 27, 2014, the Company changed its name to Cipherloc Corporation. Our headquarters are located at 825 Main Street, Suite 100, Buda, Texas. Our website iswww.cipherloc.net. The information contained, or referred to, on our website is not part of this Annual Report on Form 10-K unless expressly noted.
Company profile
Ticker
SDCH
Exchange
Website
CEO
Michael W DeLaGarza
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CIPHERLOC Corp, NATIONAL SCIENTIFIC CORP/AZ
SEC CIK
Corporate docs
IRS number
860837077
SDCH stock data
Latest filings (excl ownership)
8-K
Unregistered Sales of Equity Securities
9 May 23
10-Q
2023 Q2
Quarterly report
9 May 23
8-K
Departure of Directors or Certain Officers
4 May 23
8-K
SideChannel Announces Annual Meeting Results
21 Feb 23
10-Q
2023 Q1
Quarterly report
9 Feb 23
DEF 14A
Definitive proxy
6 Jan 23
8-K
Departure of Directors or Certain Officers
30 Dec 22
PRE 14A
Preliminary proxy
27 Dec 22
10-K
2022 FY
Annual report
20 Dec 22
8-K/A
Financial Statements and Exhibits
12 Sep 22
Transcripts
Latest ownership filings
4
Brian Wayne Haugli
9 May 23
4
Kevin Robert Powers
6 Apr 23
4
Deborah Kuenzi MacConnel
6 Apr 23
4
HUGH T REGAN JR
6 Apr 23
4
Anthony Ambrose
6 Apr 23
4
Deborah Kuenzi MacConnel
30 Dec 22
4
Anthony Ambrose
30 Dec 22
4
Kevin Robert Powers
30 Dec 22
4
Thomas Wiley Wilkinson
30 Dec 22
4
HUGH T REGAN JR
30 Dec 22
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Sep 22 | Sep 21 | Sep 20 | Sep 19 | |
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| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Cash on hand | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.90 mm | 1.90 mm | 1.90 mm | 1.90 mm | 1.90 mm | 1.90 mm |
| Cash burn (monthly) | 217.00 k | 207.34 k | 286.00 k | 967.24 k | 217.00 k | 185.50 k |
| Cash used (since last report) | 507.35 k | 484.76 k | 668.67 k | 2.26 mm | 507.35 k | 433.70 k |
| Cash remaining | 1.39 mm | 1.42 mm | 1.23 mm | -359.43 k | 1.39 mm | 1.47 mm |
| Runway (months of cash) | 6.4 | 6.8 | 4.3 | -0.4 | 6.4 | 7.9 |
Institutional ownership, Q1 2022
3.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 2 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 2.49 mm |
| Total shares | 6.86 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Manchester Management | 3.56 mm | $1.50 mm |
| Manchester Management PR | 3.30 mm | $990.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 May 23 | Brian Wayne Haugli | Common Stock | Grant | Acquire A | No | No | 0 | 44,031,799 | 0.00 | 86,573,299 |
| 31 Mar 23 | Anthony Ambrose | RSU | Grant | Acquire A | No | No | 0 | 41,667 | 0.00 | 891,669 |
| 31 Mar 23 | Hugh T Regan JR | RSU | Grant | Acquire A | No | No | 0 | 41,667 | 0.00 | 225,001 |
| 31 Mar 23 | Deborah Kuenzi MacConnel | RSU | Grant | Acquire A | No | No | 0 | 41,667 | 0.00 | 197,223 |
| 31 Mar 23 | Kevin Robert Powers | RSU | Grant | Acquire A | No | No | 0 | 41,667 | 0.00 | 197,223 |
Press releases
SideChannel Strategy Validated by Revenue Growth of 30.9% Year-over-year in Second Quarter 2023
9 May 23
SideChannel Inc. Announces $2M in New Revenue, Restructures to Meet Business Demand
26 Apr 23
SideChannel and Darkbeam Announce Strategic Partnership to Deliver Intelligence-Led Cyber Risk Management Programs
28 Mar 23